In a rapidly changing world, we want to address areas where Gap Inc. can have the greatest impact and influence, or where our business could be affected. By prioritizing the most material ESG topics (including issues and opportunities) in our strategy and programs, we help ensure our sustainability and ESG agenda responds to matters that are significant to our business and priority stakeholders.
To help us understand the most critical ESG issues, we conducted a materiality assessment, from November 2022 to March 2023, with a third-party expert consultant using a process aligned with the principles of Materiality and Stakeholder Inclusivity outlined in the Global Reporting Initiative (GRI) Reporting Standards and AA1000 AccountAbility Principles. Key stakeholders, including Gap Inc. And brand employees, customers, investors, nonprofit and NGO leaders, and ESG data aggregators were engaged through a survey and interviews as part of the assessment.
Note: Materiality on this site refers to the identification of material issues that guide our sustainability strategy and programs, and is not the definition of materiality used for filings with the U.S. Securities and Exchange Commission (SEC).